Gold Breaks Out to Highest Level Since 2013 on Fears of War Escalation

from King World News

Gold has just broken out to the highest level since 2013 on the heels of the US attack against Iran.

Middle East: A Fleeting Impact On Markets?

January 6 (King World News) – Peter Boockvar: I don’t want to downplay the importance of the current geopolitical situation but most usually have a fleeting impact on the economy and markets. I understand the tinder box that the Middle East is but unless WTI breaks above $75, I think there will be little impact on economic activity. I say $75 not on some econometric modeling but just because that was the multi year high touched in early October 2018.

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